 (1).png)
News:
Owners Developers & Managers
Posted: August 25, 2011
Paradigm Properties signs Central National Gottesman Inc. to 130,850 s/f lease
According to Paradigm Properties, Central National Gottesman Inc. (CNG) has agreed to a 12 year lease for 130,850 s/f of space at 190 Mechanic St. The property is a warehouse/distribution facility located on Rte. 140 off of I-495 at exit 17.
"This is a great deal for the asset as it is now stabilized for the foreseeable future with a very strong client," said Kevin McCall, president and CEO of Paradigm.
190 Mechanic St. is a 210,700 s/f property that is 100% leased. It was developed in 2005, and acquired in September 2006 by an affiliate of Paradigm and an institutional capital partner.
Robert Gibson and Ed Jaroz of CB Richard Ellis represented the owner in the transaction and David Post of Northeast Realty Consultants represented CNG.
MORE FROM Owners Developers & Managers
Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point - Residence Inn by Marriott and Moxy Hotel
Portland, ME Colwen Hotels celebrated the opening of Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, the first hotel in the city’s Thompson’s Point district. Developed by XSS Hotels and managed by Colwen Hotels, the five-story, dual-branded property introduces 148 guestrooms to one of southern Maine’s fastest-growing waterfront destinations.
 (1).png)
Columns and Thought Leadership
IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala
Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul
Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
Revitalized Town Centers: Retail??? - by Carol Todreas
It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
August Promotion
